SPH Notice – Robert Shaw

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both Sections 277 and 278, Financial Markets Conduct Act 2013 Note: This form must be completed in accordance with the instructions at the end of the form. To NZX Limited and To Serko Limited Relevant event being disclosed: change in the nature of relevant interest Date of relevant event: 4 February 2018 Date this disclosure made: 13 April 2018 Date last disclosure made: 27 May 2016 Substantial product holder(s) giving disclosure Full name(s): Robert Shaw Summary of substantial holding Class of quoted voting products: Ordinary shares in Serko (Shares) with security code SKO Summary for Robert Shaw For this disclosure,-- (a) total number held in class: 12,884,296 (b) total in class: 74,894,342 (c) total percentage held in class: 17.203% For last disclosure,-- (a) total number held in class: 12,884,296 (b) total in class: 72,894,342 (c) total percentage held in class: 17.675% Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure: Until 4 February 2018, Robert Shaw and Sarah Shaw as trustees of the Ripon Trust (together with the other trustee Geoffrey Hosking) were the registered holders and beneficial owners of 12,884,296 Shares (the Ripon Trust Shares), and had the power to exercise a right to vote attached to, and to dispose of, the Ripon Trust Shares. On 4 February 2018, Sarah Shaw ceased to be a trustee of the Ripon Trust with Robert Shaw and Geoffrey Hosking continuing as the trustees of the Ripon Trust. Details after relevant event Details for Robert Shaw Nature of relevant interest(s): Robert Shaw as trustee of the Ripon Trust (together with the other trustee Geoffrey Hosking) are the registered holders and beneficial owners of the Ripon Trust Shares, and have the power to exercise a right to vote attached to, and to dispose of, the Ripon Trust Shares. For that relevant interest,-- (a) number held in class: 12,884,296 (b) percentage held in class: 17.203% (c) current registered holder(s): Robert Shaw, Sarah Shaw and Geoffrey Hosking as trustees of the Ripon Trust (d) registered holder(s) once transfers are registered: Robert Shaw and Geoffrey Hosking as trustees of the Ripon Trust Additional information Address(es) of substantial product holder(s): PO Box 47-638, Ponsonby, Auckland Contact details: +64 9 309 4754, bob.shaw@serko.com Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: not applicable Certification I, Robert Shaw, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made. End CA:00316688 For:SKO Type:SHINTR Time:2018-04-13 08:30:07